u.s. economy news today
- ECONOMY
Europe’s Leading Patent Law Firms 2021
This listing of Europe’s leading patent law firms is based on recommendations by clients and peers © Getty Survey and…
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Fraud chief warns of ‘big risk’ in policing €800bn EU recovery funds
The EU faces a “big risk” of abuses in its €800bn post-pandemic recovery fund because some countries refuse to sign…
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ECB gathers for hillside retreat to debate key strategy questions
European central bankers are meeting in Frankfurt on Friday to debate issues ranging from changing the European Central Bank’s inflation…
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Cyclical rally exposes flaws in some factor ETFs
Interested in ETFs? Visit our ETF Hub for investor news and education, market updates and analysis and easy-to-use tools to…
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South Korea’s SK accused of greenwashing after LNG U-turn
One of South Korea’s biggest conglomerates is facing a backlash from activist groups after finalising a large Australian liquefied natural…
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Brazil moves to tame inflation with third interest rate increase of 2021
Brazil’s central bank on Wednesday raised its benchmark interest rate for the third time this year as authorities in Latin…
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Biden politely reads riot act to Putin
Summitry, contrary to a former British prime minister, is nothing like tennis. The outcome is rarely “game, set and match”.…
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Fed expected to hold rates steady as recovery and inflation accelerate
The Federal Reserve is expected to keep its main interest rate on hold at the rock-bottom range of 0 to…
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How Xi’s China came to resemble Tsarist Russia
The very first line of the Chinese Communist party’s constitution declares it is “the vanguard of the Chinese working class”.…
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Blackstone strikes $3bn deal for office developer Soho China
Blackstone has agreed to buy property developer Soho China for about $3bn, marking the US private equity group’s biggest bet…
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Stress-testing supply chains is key to a durable global recovery
The writer is the executive director of the LSE Economic Diplomacy Commission Recent months have shown that supply chains carry…
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Booming Brixton: reggae music, Michelin stars and million-pound homes
As Lee Jasper walks around the streets of Brixton, south London, he shakes his head. On Coldharbour Lane, once lined…
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Germany to repatriate army platoon accused of rightwing extremism
Germany is repatriating a Bundeswehr platoon from Lithuania after its soldiers were accused of rightwing extremism and sexual assault, in…
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Sculpture in the City — lending new life to London
There may be fewer workers, now or ever, returning to the Square Mile, but the sculptures have come. Launched in…
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Shares in China’s Suning frozen as fears grow about debt pile
Shares in the main unit of Suning have been suspended as financial woes at the Chinese retailer and owner of…
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Cummings reveals Johnson messages calling Hancock’s efforts ‘hopeless’
Prime minister Boris Johnson referred to the inability of his health secretary, Matt Hancock, to increase coronavirus testing capacity at…
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Lex Letter from New York: bank chiefs should not shame staff back to offices
This article is an on-site version of The Lex Newsletter. Sign up here to get the complete newsletter sent straight…
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EU warns of ‘negative spiral’ in relations with Russia
The EU needs to prepare for a “negative spiral” in relations with Russia, Brussels warned on the day of a…
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Change unlikely to come to post-Netanyahu Israel
An unwieldy coalition calling itself “Change” has dethroned Benjamin Netanyahu, Israel’s longest-serving prime minister, after his most recent 12-year run. But…
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Youth vs the gerontocrats: a potent political force tests Africa’s ageing rulers
Until last November, Luzige Masudi, a skinny young man with the physique of a ballet dancer, made his money as…
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US interest rates: watch the ‘dot plot’ at the Fed meeting today
The Federal Reserve will on Wednesday release a new set of economic projections and all eyes will be on two…
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The graveyard of empires calls to China
Afghanistan is not known as the graveyard of empires for nothing. Alexander the Great, the British empire, the Soviet Union…
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South Korean video game group behind hit ‘PUBG’ aims for $5bn IPO
The company behind global hit game PlayerUnknown’s Battlegrounds plans to raise up to Won5.6tn ($5bn) in an initial public offering…
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Brussels poised to back first wave of €800bn EU pandemic recovery fund
Brussels is set to sign off the first of the national recovery plans it hopes will revive Europe’s pandemic-battered economy,…
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Biden’s plan to keep China in check relies on Manila
From Japan to Nato, the administration of US president Joe Biden is rallying allies against security challenges from China. But…
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Regeneron antiviral treatment saves lives of Covid patients in hospital
Regeneron’s antibody cocktail significantly reduces the risk of death among hospitalised Covid-19 patients whose own immune systems have failed to…
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From celebrations to soaring prices: How Iranians fared under Rouhani
Shortly after Iran’s centrist president Hassan Rouhani was elected in 2013, the country’s football team qualified for the World Cup,…
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Global shipping summit all at sea over carbon emissions
Shipping’s global regulator aims to seal consensus this week on measures to cut carbon dioxide emissions this decade which would…
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Big Tech critic Lina Khan to lead US competition regulator
Joe Biden has appointed Lina Khan, a prominent critic of the power of large technology companies, to chair the Federal…
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Tokyo Olympics will need bailout if games go ahead without spectators
The Tokyo Olympics will need a public bailout of about $800m if the games are held behind closed doors as…
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France lay down marker with opening victory
France 1 Germany 0 in Munich The team with the best players do not always win the tournament. But the…
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China’s tech workers pushed to their limits by surveillance software
Andy Wang, an IT engineer at a Shanghai-based gaming company, occasionally felt a pang of guilt about his job. Most…
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Biden’s summit with Putin offers a chance to reaffirm US resolve
The writer is vice-president for studies at the Carnegie Endowment for International Peace and a former director for Russian, Ukrainian…
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A US-Russia summit of meagre expectations
The auguries for President Joe Biden’s Geneva summit with Vladimir Putin are not propitious. At their first meeting in 2011,…
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China flies record number of fighter jets towards Taiwan
China flew 28 military aircraft into Taiwan’s air defence buffer zone on Tuesday in its largest such incursion so far,…
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Airbus/Boeing deal explained: what is in it and what happens next
The end of the interminable EU and US struggle over aircraft subsidies, thrashed out over meals of sea bass and…
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UK business support goes off target
Are we seeing the limits of the Treasury’s one-size-fits-all approach? The Chancellor won plaudits early in the pandemic for eschewing…
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Brittany unveils plans for cross-Channel electric ‘flying’ ferries
Electric ferries could be skimming just above the surface of the English Channel by the end of the decade under…
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FirstFT: Today’s top stories
Good morning. This article is an on-site version of our FirstFT Europe/Africa newsletter. Sign up here to get the newsletter…
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Biden’s reversion to Democratic type
This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight…
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England’s NHS plans to share patient records with third parties
England’s NHS is preparing to scrape the medical histories of 55m patients, including sensitive information on mental and sexual health,…
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EU leaders brace for clash on how to implement climate goals
European leaders are on a collision course over the looming impact of radical emission targets on their citizens and businesses…
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How I Spend It: shoe designer Christian Louboutin on his passion for Ancient Egypt
When you’re at school in France, everyone learns about ancient Greek, Roman and Egyptian civilisations, and you often start to…
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Irish patients’ stolen data appears online
Medical and personal information about Irish patients stolen by hackers last week is now being shared online, screenshots and files…
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America’s urban crime wave threatens Biden
Close your eyes and you could be back in the crime-plagued New York of the late 1980s. Last week’s mayoral…
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How rewiring the grid could boost America’s economy
This article is an on-site version of our Energy Source newsletter. Sign up here to get the newsletter sent straight to your…
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Chile votes for radicals and independents to write new constitution
Chile faces an uncertain future after voters backed hard-left, radical and independent candidates to write the country’s new constitution, in…
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Greece sets tone for Europe’s summer travel
Kalimera and welcome to Europe Express. Tourists from the UK, Germany and other countries started arriving on Greek islands over…
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20,000 arrivals allowed from India despite warnings about surging new variant – LIVE
A t least 20,000 passengers travelling from India were allowed to enter Britain despite warnings about a new strain that…
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US accuses China of operating ‘open-air prison’ in Xinjiang
The US accused the Chinese government of turning Xinjiang into an “open-air prison” by expanding surveillance in the northwestern region…
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